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Union Pacific 2nd railroad to drop push for one-person crews
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Fed's Shocking New Plan to Control Your Money (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Fed's Shocking New Plan to Control Your Money (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Fed's Shocking New Plan to Control Your Money (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
Technical issues at Lufthansa cause delays in Frankfurt
NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF - FAAR Price, Holdings, & News

$29.82
-0.41 (-1.36%)
(As of 03/24/2023 08:51 PM ET)
Add
Today's Range
$29.76
▼
$30.01
50-Day Range
$29.70
▼
$30.58
52-Week Range
$28.61
▼
$36.16
Volume
26,000 shs
Average Volume
37,626 shs
Market Capitalization
$199.79 million
Assets Under Management
$50.47 million
Dividend Yield
5.80%
Net Expense Ratio
0.95%
FAAR stock logo

About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.

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FAAR ETF News Headlines

March 25, 2023 | msn.com
First Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.1588
January 16, 2023 | finance.yahoo.com
Alternative ETF Strategies to Navigate the Challenges Ahead
March 27, 2023 | Weiss Ratings (Ad)
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
October 28, 2022 | nasdaq.com
First Trust Capital Strength Breaks Above 200-Day Moving Average - Bullish for FTCS
October 20, 2022 | technews.tmcnet.com
First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1125 Per Share for November
October 11, 2022 | cnbc.com
This ETF's focus on total return has made it a rare winner over the past year. Here's how it works
October 4, 2022 | cnbc.com
This firm's market-beating ETFs show how alternative strategies are working in 2022
September 18, 2022 | cnbc.com
As Treasury yields spike, short-duration ETFs are beating the market and raking in cash
March 27, 2023 | Weiss Ratings (Ad)
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
September 13, 2022 | nasdaq.com
ETF Prime: Lara Crigger Discusses an ETF Milestone, ARK’s Future, & Inverse Blockchain Exposure
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Alternative Absolute Return Strategy ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NASDAQ
Current Symbol
NASDAQ:FAAR
Inception Date
5/18/2016
Fund Manager
John Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Absolute Returns
Focus
Long/Short
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$50.47 million
Average Daily Volume
$17,403.50
Discount/Premium
0.09%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Jane Street

Miscellaneous

Outstanding Shares
6,700,000
Beta
0.11

First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.76%0.67%0.45%0.49%
Other Expenses0.00%2.19%0.32%0.34%0.55%
Total Expense0.95%2.19%0.83%0.55%0.68%
Fee Waiver0.00%-2.93%-0.17%-0.33%-0.58%
Net Expense0.95%0.95%0.74%0.49%0.56%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

  • Ft Cayman Subsidiary Iii
    Holding Weight: 23.62%
  • Dreyfus Government Cash Mgmt Instl
    Holding Weight: 16.57%
  • Us Dollars
    Holding Weight: 8.17%
  • United States Treasury Bills
    Holding Weight: 7.52%
  • United States Treasury Bills
    Holding Weight: 7.52%
  • United States Treasury Bills
    Holding Weight: 7.51%
  • United States Treasury Bills
    Holding Weight: 7.50%
  • United States Treasury Bills
    Holding Weight: 6.02%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 5.52%
  • United States Treasury Bills
    Holding Weight: 5.02%
Full Holdings Details













FAAR ETF - Frequently Asked Questions

How have FAAR shares performed in 2023?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the start of the year. Since then, FAAR stock has decreased by 0.2% and is now trading at $29.82.
View the best growth stocks for 2023 here.

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, March 23rd. Investors of record on Monday, March 27th will be paid a dividend of $0.159 per share on Friday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, March 24th.
Read our dividend analysis for FAAR.

What does FAAR invest in?

First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $50.47 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (10.50%), LPL Financial LLC (8.04%), Advisor Group Holdings Inc. (5.19%), Kestra Advisory Services LLC (4.85%), AE Wealth Management LLC (4.57%) and Cetera Investment Advisers (3.94%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $29.82.

How much money does First Trust Alternative Absolute Return Strategy ETF make?

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $199.79 million.

This page (NASDAQ:FAAR) was last updated on 3/27/2023 by MarketBeat.com Staff